Thursday, December 01, 2016

The Wall

13 comments:

Anonymous
said...

Sure. Millions of dollars in tax incentives paid for by the good taxpayers of Indiana. Exactly the thing Trump campained against. No penalty tarriffs against Carrier. No patriotic good will. These jobs were bought and paid for by the government. Same old tune.

There is Trump keeping his promise, while turning down president's pay - there is Carrier whose employees are still spending their pay in the USA,( not being placed on unemployment and welfare roles) - so grateful they lent a truck at no expense to taxpayers. What an improvement over the the guy in office now. You remember he used billions of dollars of taxpayers money for those millions of shovel ready jobs. What happened to the jobs? where did the money go?

It's not tax incentives but an across the board tax restructuring. The US has one of the highest corp tax rate in the world. It's high because the federal government waste has to be paid for somehow. Cut out the waste and the corp tax rate can be lowered substantially without any ill effects.

5:23 and 6:55 Trump confirmed reduction in the business tax rate from nearly highest in the world to close to the lowest rate in the world. The reason that companies have been leaving the US is because of things like tax rates, Obama care etc. now that these things will be going away there might be more jobs that stay and come back to the us so people can get jobs that are real, people can go back to the 40 hour+ work week and not have to protest because they are forced to work at McDonalds for minimum wage

The correct reason corporations are shifting overseas is labor. The us has among the highest labor rates of all. Taxes and those pesky regulations are a drop in the bucket compared to labor differential. Don't believe me? Open a textbook or google it. Educate yourself.